Former OZK Exec Tyler Vance Taking Inspired Advance
Former Bank OZK COO Tyler Vance says he's beginning a new chapter in his life, becoming a pastor at Fellowship Bible Church's Cabot campus.
View ArticleHome Sales Fall 4.9% in Slow Start to Spring Buying Season
Sales of existing U.S. homes fell in March after a huge gain the previous month, held back partly by a sharp slowdown among the most expensive properties.
View ArticleSimmons First Says Quarterly Net Income Fell 7 Percent
Simmons First National Corp. of Pine Bluff announces first-quarter net income of $47.7 million, down 7 percent from the same quarter last year.
View ArticleChambers Bancshares to Acquire River Town Bank
Chambers Bancshares Inc. of Danville said Wednesday that has agreed to acquire Bank of Dardanelle Bankshares Inc., the parent company of River Town Bank.
View ArticleMultifamily Unit in Little Rock Secures $26.1M Loan
Grandbridge Real Estate Capital of Charlotte, North Carolina, recently facilitated the closing of a $26.1 million new construction loan secured by The Residences at Harbor Town Apartments, a 175-unit...
View ArticleRegulators Approve Capital Bank Name Change to Encore Bank
The Capital Bank in Little Rock says that the state Bank Department has approved its name change to Encore Bank.
View ArticleBanks Beware: A $67,000 Mistake (Jake Fair Commentary)
Account garnishments are a common and routine occurrence for many financial institutions, and one Arkansas bank is now taking a financial hit due to a routine garnishment.
View ArticleTwo-Thirds of Arkansas Counties Lose Residents
Two-thirds of Arkansas’ counties lost population between 2012 and 2017, according to the U.S. Census Bureau.
View ArticleInvestors Pay $3.9M For Convenience Store (NWA Real Deals)
Two Jonesboro investors paid $3.9 million for the Kum & Go convenience store at 2388 N. College Ave. in Fayetteville.
View ArticleLR Office Transaction Rings Up $1.6M Sale (Real Deals)
Louisiana & Third Properties LLC, led by Haitham Alley, purchased the Tripp Building at 209 W. Second St.
View ArticleFiles Offer Look Inside $120M Delta Resort Bankruptcy
In December, creditors forced Gary R. Gibbs, the developer of the Delta Resort & Spa in Desha County and the Hotel Hot Springs & Spa, into bankruptcy for defaulting on $119.4 million in loans....
View ArticleFed Likely to Underscore Message: No Rates Hikes in 2019
The Federal Reserve this week will likely reinforce a theme that has cheered consumers and investors since the start of the year: No interest rates hikes are likely anytime soon.
View ArticleUS Pending Home Sales Rose 3.8% in March
More Americans signed contracts to purchase homes in March compared to the prior month.
View ArticleFed Foresees No Rate Hikes Amid Unusually Low Inflation
The Federal Reserve left its key interest rate unchanged Wednesday and signaled that no rate hikes are likely in coming months amid signs of renewed economic health but unusually low inflation.
View ArticleFIS, Venture Center Launch 4th Annual Fintech Accelerator
Global financial services company FIS of Jacksonville, Florida, and the Venture Center in Little Rock named the 10 startups selected to participate in the 2019 VC FinTech Accelerator program.
View ArticlePresidential Hotel Sale Tops $12.7M Mark (Real Deals)
Affiliates of CSK Hotels of Fort Smith, purchased the Holiday Inn Presidential at 600 Interstate 30 and adjoining parking
View ArticleYour Just Deserts (Gwen Moritz Editor's Note)
Deserve is not an economic concept; it’s a marketing concept. It’s a word that allows consumers to rationalize spending money on appealing nonessentials.
View ArticleShawnie Carrier Connects with Jetton General (NEA Movers & Shakers)
Shawnie Carrier has joined Jetton General Contracting in Paragould as director of strategic development.
View ArticleCentral Arkansas Unemployment at 3.5 Percent
The unemployment rate in the Little Rock-North Little Rock-Conway metropolitan statistical area remains near a historical low, 3.5% in February.
View ArticleDetails in Delta Resort Bankruptcy Show $171.1M in Debts
Gary Russell Gibbs of Niceville, Florida, lists his complete financial details in U.S. Bankruptcy Court in Hot Springs showing total debts at $171.1 million. That makes his personal bankruptcy one of...
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